India and Ghana agree to operationalise UPI link within six months

India and Ghana have agreed to work ‘expeditiously’ towards the operationalisation of India’s instant payment system Unified Payment Interface (UPI) on Ghana Interbank Payment and Settlement Systems (GHIPSS) within six months.

The discussion was a part of the Joint Trade Committee (JTC) meeting held from May 2 and May 3. A seven-member delegation from India met their Ghanaian counterparts in Accra, capital of the African nation.

The development comes against the backdrop of UPI rapidly gaining momentum, especially over the past five-six years. This has resulted in UPI being available in countries like Sri Lanka, United Arab Emirates, Nepal, among other nations.